Sheet Metal Workers Health & Welfare
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Sheet Metal Workers Health & Welfare is a 501(c)(9) organization based in Parma, Ohio, registered in 1978, with $12,556,880 in FY2024 revenue. CharityIndex grades it B.
12515 Corporate Dr, Parma, OH, 44130 EIN 34-6746427 Since 1978
Revenue (FY2024)
$12.6M
▲ 12.9% vs prior year
Expenses (FY2024)
$11.8M
Net assets
$29.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Sheet Metal Workers Health & Welfare— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating30 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sheet Metal Workers Health & Welfare: 30 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Sheet Metal Workers Health & Welfare— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sheet Metal Workers Health & Welfare: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $7.5M (FY2013) to $12.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $23KNet assets $29.0M
Operating margin
6.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$29.0M
Total liabilities
$23K
Net assets
$29.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,556,880▲12.9% | $11,799,747▲26.1% | $29,018,198▲5.5% | $29,041,593▲5.5% | 990 |
| 2023 | $11,120,451▲0.2% | $9,357,082▲2.9% | $27,509,114▲7.1% | $27,522,478▲7.0% | 990 |
| 2022 | $11,098,302▲8.9% | $9,096,708▼6.1% | $25,680,030▲5.0% | $25,729,886▲4.4% | 990 |
| 2021 | $10,188,847▲10.0% | $9,690,800▲26.2% | $24,463,138▼4.8% | $24,646,478▼4.3% | 990 |
| 2020 | $9,265,013▼2.8% | $7,681,038▼4.7% | $25,694,084▲11.3% | $25,742,971▲11.4% | 990 |
| 2019 | $9,533,424 | $8,062,773▼5.7% | $23,095,427▲8.6% | $23,116,368▲7.9% | 990 |
| 2018 | $9,532,819▲6.1% | $8,553,286▲21.0% | $21,260,818▲6.4% | $21,426,720▲7.0% | 990 |
| 2017 | $8,980,629▲12.9% | $7,070,910▼3.1% | $19,978,353▲9.3% | $20,030,068▲9.2% | 990 |
| 2016 | $7,956,292▼6.3% | $7,299,076▲0.1% | $18,283,935▲5.3% | $18,335,696▲5.4% | 990 |
| 2015 | $8,490,080▲12.9% | $7,292,274▲2.4% | $17,362,364▲6.1% | $17,388,973▲5.4% | 990 |
| 2014 | $7,517,445▲0.5% | $7,118,572▼10.8% | $16,362,850▲3.8% | $16,496,636▲4.1% | 990 |
| 2013 | $7,476,679 | $7,984,373▼6.1% | $15,770,533▼2.8% | $15,842,650▼3.0% | 990 |
| 2012 | — | $8,506,344▲3.8% | $16,227,645▲2.3% | $16,335,184▲2.3% | 990 |
| 2011 | — | $8,193,352▼16.8% | $15,862,706▼0.5% | $15,971,654▼0.6% | 990 |
| 2010 | — | $9,852,961 | $15,944,282 | $16,066,427 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Sheet Metal Workers Health & Welfare a legitimate nonprofit?
- Yes. Sheet Metal Workers Health & Welfare is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 34-6746427, based in Parma, Ohio.
- What is Sheet Metal Workers Health & Welfare's EIN?
- Sheet Metal Workers Health & Welfare's Employer Identification Number (EIN) is 34-6746427.
- How much revenue does Sheet Metal Workers Health & Welfare report?
- Sheet Metal Workers Health & Welfare reported $12,556,880 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sheet Metal Workers Health & Welfare have?
- CharityIndex grades Sheet Metal Workers Health & Welfare B, based on financial health (reserves and operating margin).
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Explore more
Data for Sheet Metal Workers Health & Welfare (EIN 34-6746427) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.